Regen BioPharma Inc (RGBP)

[cvinvestor]

At this point, if I could sell all my shares at $1, I'd be happy to get out and move on.

Today's 8K insult:

On November 20, 2015 Regen issued 2,200,000 of its common shares ("Shares") for cash consideration of $55,000. {Folks, that .025/share given just last Friday. Unregistered shares with no restrictions and no limits which I assume means, if Koos gave them to himself, he can sell immediately and they won't show up on any insider sales report. Is that correct? If so, then that is how Koos has been living since we don't have any reports of him selling shares and he keeps "loaning" money to the company. Let's think for a moment: where does Koos get hundreds of thousands of dollars to loan to the company, pay himself only in shares, be a reporting company and still not show up on any report as having sold shares?

I might be wrong, but last year he "loaned" the company $50,000 for over a million shares at .028/share. Unregistered. Hmmmm, sell just 1.5 million of those shares at .12 and you get $180,000 cash back. Wash, rinse and repeat. Now you can loan the same $50,000 back to the company, keep $130,000 and get a couple million more shares at .025/share (while the company trades at .15) and do it all over with unregistered shares. How? Because you run/own the company and there is no real board to oppose you because you own so many millions of preferred shares with 10,000 votes per share of those preferred....

And on and on.

I had hoped that 2015 was the year of the turnaround and while I do not negate at all the advancement of the science and getting closer to significant milestones of development which might still save the company and ourselves as shareholders, my hope that this new found success and hiring of employees and associations with legitimate entities would help change the patterns of business and self serving shares by Koos, has been proven wrong. Koos is self serving and spreading the wealth with his "angel" friends and that is all his is interested in. There is absolutely nothing in the company structure that I know of that can stop him and nothing to indicate thus far that he is going to change. 4 days ago he gave someone over 2M shares at .025/share for just $55,000!!!! That's a RED FLAG, period. Sorry to be so dismal today, but this 8K is bad and I have to call it as I see it so I can go on, forget about this and count my real blessings in the world. Wishing all a truly happy Thanksgiving in spite of RGBP.}

The Shares were issued pursuant to Section 4(a) (2) of the Securities Act of 1933, as amended (the "Act"). No underwriters were retained to serve as placement agents for the sale. The shares were sold directly through our management. No commission or other consideration was paid in connection with the sale of the shares. There was no advertisement or general solicitation made in connection with this Offer and Sale of Shares. A legend was placed on the certificate that evidences the Shares stating that the Shares have not been registered under the Act and setting forth or referring to the restrictions on transferability and sale of the Shares. The proceeds were utilized for general corporate purposes.